FAAMG is an acronym for a group of five American technology stocks: Facebook, Apple, Amazon, Microsoft and Google. Given the tech behemoths behind each of these stocks, they have been centerpieces in millions of stock portfolios. Here’s what you need to know about FAAMG stocks.
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Overview of FAAMG Stocks
FAAMG refers to a group of popular technology stocks: Facebook (now Meta Platforms, Inc.), Apple, Amazon, Microsoft, and Google (now Alphabet Inc.).
These growth stocks are notable for their dominance in their respective sectors and have soared to high valuations as a result. Their combined market cap is over $7 trillion as of April 2023.
Each of...
